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At Home Group (At Home Group) Quick Ratio : 0.47 (As of Apr. 2021)


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What is At Home Group Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. At Home Group's quick ratio for the quarter that ended in Apr. 2021 was 0.47.

At Home Group has a quick ratio of 0.47. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for At Home Group's Quick Ratio or its related term are showing as below:

HOME's Quick Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.865
* Ranked among companies with meaningful Quick Ratio only.

At Home Group Quick Ratio Historical Data

The historical data trend for At Home Group's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

At Home Group Quick Ratio Chart

At Home Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Quick Ratio
Get a 7-Day Free Trial 0.06 0.09 0.07 0.06 0.43

At Home Group Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.19 0.20 0.43 0.47

Competitive Comparison of At Home Group's Quick Ratio

For the Specialty Retail subindustry, At Home Group's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


At Home Group's Quick Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, At Home Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where At Home Group's Quick Ratio falls into.



At Home Group Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

At Home Group's Quick Ratio for the fiscal year that ended in Jan. 2021 is calculated as

Quick Ratio (A: Jan. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(537.613-364.473)/398.374
=0.43

At Home Group's Quick Ratio for the quarter that ended in Apr. 2021 is calculated as

Quick Ratio (Q: Apr. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(551.193-369.014)/384.536
=0.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


At Home Group  (NYSE:HOME) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


At Home Group Quick Ratio Related Terms

Thank you for viewing the detailed overview of At Home Group's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


At Home Group (At Home Group) Business Description

Traded in Other Exchanges
N/A
Address
1600 East Plano Parkway, Plano, TX, USA, 75074
At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor decor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
Executives
Sumit Anand officer: Chief Information Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Laura L. Bracken officer: Chief Accounting Officer AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Chad C Stauffer officer: Chief Merchandising Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Jeffrey R Knudson officer: Chief Financial Officer C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
Norman E Mcleod officer: Chief Development Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Ashley F Sheetz officer: Chief Marketing Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Peter Sg Corsa officer: President and COO AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Mary Jane Broussard officer: GC and Corporate Secretary AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Clifford Sosin 10 percent owner 8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
Aea Investors Lp 10 percent owner 666 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10103
Aea Management (cayman) Ltd 10 percent owner P. O. BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Bird Lewis L Iii director, officer: Chairman, CEO and President AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Catherine Aslin officer: Chief Human Resources Officer AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Joanne C. Crevoiserat director 6301 FITCH PATH, NEW ALBANY OH 43054
Philip L Francis director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074

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